Biochar Life
About this raise
Biochar Life is raising funds on Wefunder. The company is empowering smallholder farmers with its biochar. Biochar is a supercharcoal made by heating biomass without oxygen and helps to remove carbon dioxide from the atmosphere without burning. Biochar Life aims to reduce carbon emissions, enhance public health, reduce poverty, and increase employment. The business has reported a five-time revenue growth in the last twelve months and brought about a sizeable environmental impact with the removal of 10,000 tonnes of carbon dioxide to date. Jason Highberger, Aom Kwanpiromtara, and Evelind Schecter founded Biochar Life in February 2022. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $350,000. The campaign proceeds will be used for marketing and business development activities, strengthening technical and compliance team capabilities, and working capital.
Investment Overview
Invested : $173,243
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 03/18/2024
- Close Date
- 07/11/2024
$100,000
$350,000
$100
Revenue Share
Pre-Seed
RegCF
1.75X
2.00%
Company & Team
Company
- Year Founded
- 2022
- Industry
- Farming & Agriculture
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- High
Financials
- Revenue +437% YoY
- $810,285
- Monthly Burn
- $7,537
-
Runway
- 24+ months
- Gross Margin
- 53%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 07/11/2024 | Wefunder | - | $173,243 | Revenue Share | Funded | RegCF |